Why Is Bitcoin a Good Investment on Betting Online

s the popularity of Bitcoin increases, perhaps you are wondering whether
it is a good investment for betting online. Considering the constant
rise in the price of Bitcoins by the month, it could be a good avenue
for investment. This article will shade some light on why Bitcoin is a
good investment for betting online. It will also touch on some of the
reliable Bitcoin-friendly casinos in the industry.

This year, each Bitcoin is valued at $1,600 and is still prospected to
rise further to over $4,000. That is due to the competition it faces
from other cryptocurrency technology practitioners such as Litecoin. To
stay ahead of the competition, Bitcoin is seeking to change the code
behind the technology that underpins it. This change will increase the
speed of Bitcoin
transactions significantly. Such advances will see potential investors
scrambling to capitalize on the reliability and speed associated with
the innovation.

Another factor that has facilitated the rise in Bitcoin value is the
legalization of Bitcoin transactions across various platforms in Japan.
There has been a massive exchange between the Yen and Bitcoin following
this new regulation. Therefore, casinos or other betting online
platforms are prospected to spring up in the region attracting more
investors. Online gamers can take advantage of this development.

With the evolution of cryptocurrency, particularly bitcoin, online
transactions are now more secure. They cannot be easily traced and are
less susceptible to hacking. Besides that, bitcoin service providers
invest in robust measures to track the flow of Bitcoins to and from user
accounts. All these factors combined make bitcoin a reliable investment
for online gamers.

Therefore, it is imperative that you know some reliable Bitcoin casinos
worth investing your money in. Ignition Poker, for instance, offers
secure and generous Bitcoin perks worth checking out. Once you sign up
at this casino, you get a 200% Bitcoin match up bonus for up to $2000.
The bonus code for this huge offer is IGBITCOIN200 which you can redeem
when making your first Bitcoin deposit.

Another bitcoin casino worth checking out is the Americas Card Room. At
this casino, you get to fund your account cheaply and fast. Besides
that, you don't have to wait long hours for your transaction to be
completed. Once your Bitcoins have been verified, you can convert them
to poker chips within your account. The process is quite straightforward
and secure, thanks to its backing by a rigorous poker security
provider. The maximum amount you can withdraw at a go at this casino is
$10000 Bitcoins.

Reader Comments

Mark
Mar 18, 2007

Thanks for the useful information. Can you explain more about how the technology works?